Jul 19, 2011 6:00pm EDT
. it had dropped to 4.5%. during that same period of time you had 7 to 8 mill jon jobs created in the united states of america, so the bush tax cuts did exactly what they were supposed to do. unfortunately everything went awry when nancy pelosi took over the house of representatives with her philosophy of government and senator harry reid took over the suns senate, and with the threats that those two and their philosophies posed to the job creators in america, you saw our unemployment immediately start to go the wrong direction, but the facts are there, look at the department of labor statistics. >> sir, sir, i need to get to the -- >> the deficit declined during this same period of time. >> i need to get to the debt ceiling. the fact is those tax cuts are still in place, so the fact that anyone got in office didn't change the tax code at all, which is not the statement you made. >> in january of 2007. >> so the fact that congress changed has nothing to do with the tax cuts, they're still in play and unemployment is 9.2, so we can have different opinions, we can't have differen
Jul 19, 2011 1:00am EDT
connell and boehner won't raise taxes. senator minority whip jon kyl drew the line in the sand on sunday. >> unless the president gets off his absolute obsession with raising taxes, republicans won't do anything to harm our economy. job-killing taxes harm our economy. there will not be a default. as to whether or not we can achieve savings in the process dpentding on the president. >> i did not hear the world probably. i heard the word not. republicans would rather see the markets crash, unemployment go through the roof and americans in bread lines before they raise one damn dime in taxes. when it comes to the debt crisis, republicans are only interested in playing rush roulette with the stupid catchphrases. >> let's let the american people decide if they want like cutting spends, capping the growth in government and requiring a balanced budget amendment to the constitution. let's have a national debate. >> to cut cap and balance plan in the house. >> cut the deficit, put a straitjacket on it and balance the budget, the cut, cap and balance. >> i want to make sure we cut spending here in washington
Jul 19, 2011 3:00am PDT
. in 30 minutes, rupert murdoch and his jon james and rebekah brooks will face questioning from another parliamentary committee. cnn will have this coverage all morning. >> rupert murdoch on the hot seat as he answers questions about what he knew about this growing phone hacking scandal.